$BCH looks weak right now and may drop more. Price got strongly rejected from a big selling area and also broke its short-term support. This usually means sellers are in control, so a further downtrend is possible.
Trade type: Short
Entry: 515 – 520
Stop-loss: 550
Take profit plan:
TP1: 491 → close 20% and move SL to entry (no risk).
TP2: 470 → close 50%
TP3: 425 → close the remaining position.
BCHUSDT
Perp
525.58
+2.45%